Top manufacturers and retailers attributed the sales spike to factors including 10% cut in GST on appliances in July, ecommerce discounting, deeper penetration of consumer finance, and higher sales of premium products

The maker of Pepsi cola and Lay’s salty snacks, which returned to profitable growth after a gap of seven years in financial year in 2017-18, is ‘seeking ways to move ahead of the existing growth numbers’

Fashion retailer Lifestyle International Pvt Ltd. has got entangled in the crosshairs of anti-profiteering authority for allegedly not passing on the benefit of the goods and services tax rate cut to consumers

The entertainment and media industry is not just a participant but also a carrier of the digital revolution in the country. Therefore, policy makers should step up to rationalize the taxation aspects impacting the digital ecosystem. Towards this end, clarifications may be provided on applicability of Rule 9A of the Income Tax Rules to income from sale of digital rights of feature films certified for theatrical exhibition. Also, with the growth in production, distribution and consumption of web Read more..